FB pixel

Credence Research forecasts biometrics in healthcare market growth


The global healthcare biometrics market will grow at a CAGR of 22.9 percent to surpass $13.9 million in revenue in 2025, according to a new report from Credence Research.

Healthcare Biometrics Market – Growth, Future Prospects, and Competitive Analysis, 2017-2025” examines staff and patient identification solutions, and predicts that home and remote patient care, care provider authentication, patient tracking within healthcare facilities and prescription dispensing will be the key areas of demand during the forecast period.

Demand is increasing for optimum certainty in patient identification to reduce healthcare fraud while protecting patient data privacy and security, the report finds. In combination with increasing concern about cybersecurity, this is driving growth in the use of IT applications for healthcare, as well as the development and deployment of biometric technologies catering to the healthcare industry.

The report breaks down the healthcare biometrics market by technology, application, usage area, and geography.

North America and Europe currently represent 70 percent of the global healthcare biometrics market, in large part due to increasing fraud, but the report predicts the fastest growth in the Asia Pacific and Latin America regions, as healthcare infrastructure is improved, new facilities are established, and governments seek to secure and organize their healthcare systems.

Current prominent global market players in healthcare biometrics identified by the report include BIO-key International, TOC Biometrics, Princeton Identity, Inc., BioConnect, NEC Corporation, Crossmatch Technologies, Inc., NuData Security, Inc., FST Biometrics Corporation, HID Global Corporation, Iris ID Systems, Inc., and MorphoTrak, Inc. Niche players have also emerged with developments in DNA biometrics and behavioural recognition technologies, according to the report.

Biometrics will continue to drive technological transformation within the global healthcare market to provide meaningful cost savings through fraud reduction and increased workplace efficiency, while simultaneously improving and expanding care delivery to patients over the long term.

Article Topics

 |   |   |   | 

Latest Biometrics News


Biometrics cutting the line of in-person payments innovations: Mastercard

Mastercard sees biometrics for in-store payments as a part of a broader shift towards seamless interactions of all kinds, as…


Innovatrics cuts fingerprint error rate by 20%, upgrades SmartFace platform

Innovatrics has reported its best-yet scores in NIST’s fingerprint biometrics testing, and added a new feature to its facial recognition…


Canadian cruise terminal gets Pangiam face biometrics for ID verification

The Vancouver Fraser Port Authority and U.S. Customs and Border Protection (CBP) have joined forces to implement face biometrics for…


Atlantic Council stresses importance of DPI, data for stronger digital economies

The Atlantic Council has highlighted the importance of digital identity and digital public infrastructure (DPI) in birthing and growing strong,…


Sri Lanka extends bid deadline for national digital ID project

The Government of Sri Lanka has extended the deadline for the submission of bids for the procurement of a Master…


Rights groups urge Clearview plaintiffs to opt out of settlement

Activist groups in California are urging members of a class action against Clearview AI to reject the settlement recently agreed…


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events